Why Mexico, Dubai and Italy are the countries to watch in sport in 2026 Sport Business This time last year, City AM asked me to identify three countries for which 2025 would be an important year in sport. My three choices were Saudi Arabia, Morocco and the United States. Judging by recent standards, Saudi Arabia’s year was relatively quiet albeit interspersed with some rowdy moments, notably the Public Investment Fund’s acquisition [...]
US investors buy stakes in Liga MX’s Club America and Azteca Stadium in $490m enterprise value deal Sport Business US investors have purchased stakes in Mexican football team Club America and the iconic Azteca Stadium in a $490m enterprise value deal to go into Mexican football just months before the 2026 Fifa World Cup. In a joint statement to the Mexican stock exchange — Bolsa Mexicana de Valores (BMV) — a new entity known as [...]
Exclusive: SailGP to target teams in India and South Korea Sport Business SailGP will target teams in India and the Middle East and races in Hong Kong and Italy as the Formula 1 of sailing breaks the $200m revenue mark. Record attendances, including 20,000 at the UK leg, have driven record revenues in SailGP’s fifth season, with founder tech tycoon Larry Ellison able to scale back funding [...]
Exclusive: Three nations in €100m battle for new SailGP franchise December 3, 2025 Three nations are locked in a €100m battle to join the SailGP grid as the sailing series expands to 14 teams, City AM can reveal. The fifth season of the competition concluded at the weekend in Abu Dhabi with British team Emirates GBR winning their first title. And the 12-team sailing competition will expand to [...]
Luxury meets the wild in Los Cabos at Chileno Bay Resort, Mexico November 10, 2025 As an American, I have a deep, enduring love for Mexican cuisine – a longing that only grew stronger after living in the UK, where Mexican spots are far less ubiquitous than they are in the States. Now, whenever I get to indulge, I go all in. This is to say, nothing could have distracted [...]
Trump tariffs: Legal twist as court rules in favour of trade levies May 30, 2025 President Trump can legally keep his tariffs in place for the moment, a federal appeals court has ruled – just a day after his trade policies were “declared to be invalid” by a US court. The fresh ruling comes just over a day after the lesser known US Court of International Trade found that tariffs [...]
Trump’s first 100 days: From stock market carnage to electing Carney April 29, 2025 Tuesday marks President Trump’s second first 100 days. On 29 April 2017, pundits looked back at the opening of the then 45th President’s term as a period that had shaken presidential norms and perhaps lowered the tone. In comparison, these first three months have been an earthquake. Trump has shown himself willing to execute the [...]
No 10 says Donald Trump’s tariffs not responsible for UK economy shrinking March 14, 2025 Donald Trump’s tariffs are not responsible for the UK economy shrinking in January, Downing Street has said, in a position that appears to contradict the Chancellor’s reaction to the latest poor economic figures. According to the latest set of gross domestic product (GDP) figures published by the Office for National Statistics (ONS), the economy shrank [...]
Canada and Mexico tariffs: No10 stresses ‘balanced’ trade relationship with US March 4, 2025 The UK has a “strong, fair, balanced and reciprocal trading relationship” with the United States, No10 has stressed, as US tariffs came into force against Canada and Mexico. President Trump’s tariffs on goods from Canada and Mexico took effect on Tuesday, with global markets put on edge and retaliations planned by the two countries – [...]
China strikes back on Trump tariffs as Mexico and Canada get reprieve February 4, 2025 The response came just hours after Trump imposed 10 tariffs on all goods coming from China.